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Income Taxes (Tables)
3 Months Ended
Sep. 30, 2011
Income Taxes 
Schedule Of Reconciliation Of Federal Statutory Income Tax Rate
     Three Months Ended
September 30,		  
     2011 (1)     2010 (2)  

Effective tax rate

      38.4 %      30.6 % 

 

(1) During the three months ended September 30, 2011, the effective tax rate was impacted by net unfavorable discrete items of $3.6 million, or 0.9 percentage points. The discrete items included unfavorable amounts related to remeasuring certain unrecognized tax benefits, partially offset by the favorable impact of settling certain state tax matters.
(2) During the three months ended September 30, 2010, the effective tax rate was favorably impacted by $28.0 million, or 6.6 percentage points, attributable to recognizing no income tax expense on the sale of CareFusion common stock due to the release of a previously established deferred tax valuation allowance.
Schedule Of Reconciliation Of Unrecognized Tax Benefits

(in millions)

    September 30,
2011		      June 30,
2011		  

Unrecognized tax benefits (1) (2)

    $ 751.2       $ 746.8   

Portion that, if recognized, would reduce tax expense and effective tax rate

      340.2         332.4   

Accrued penalties and interest (3)

      269.3         267.2   

 

(1) The full amount of unrecognized tax benefits is included in deferred income taxes and other liabilities in the condensed consolidated balance sheets.
(2) It is reasonably possible that there could be a change in the amount of unrecognized tax benefits within the next 12 months due to activities of the Internal Revenue Service ("IRS") or other taxing authorities, including proposed assessments of additional taxes, possible settlement of audit issues, or the expiration of applicable statutes of limitations. We estimate that the range of the possible change in unrecognized tax benefits within the next 12 months may be a decrease of approximately zero to $195.0 million, exclusive of penalties and interest.
(3) Balances are gross amounts before any tax benefits and are included in deferred income taxes and other liabilities in the condensed consolidated balance sheets.